And another Cap raise diluting existing shareholders to pay for it, while the SP is still below IPO and there are no products, no sales, no revenue, no profit, nothing.
Does anyone wonder why the two counter parties would sell out at this early stage?
And another Cap raise diluting existing shareholders to pay for it, while the SP is still below IPO and there are no products, no sales, no revenue, no profit, nothing.
Does anyone wonder why the two counter parties would sell out at this early stage?
I don't have a problem with this tbh, this was always going to be a long game.. anyone expecting revenue in the first 3 years were being overly optimistic imo.
They were always planning on buying Midwest from what i recall (had the option to buy outright within 3 years or so from when the JV was announced), as for cultivation - who knows, maybe the referendum had something to do with it? I think its a great move - 100% ownership = 100% profit?
I'm cant see any benefits of being a shareholder in this SSP and general retail offer.
I would've thought there'd be something in it for holders even if it was just an extra option or something.
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